Producer Price Index for final demand rose 0.7 percent over the year ending September 2016

October 19, 2016

The Producer Price Index for final demand rose 0.7 percent between September 2015 and September 2016, the index's largest 12-month percentage increase since the year ending December 2014. The price index for final demand less foods, energy, and trade services, representing 69 percent of the final demand index, increased 1.5 percent over the year, the largest 12-month percentage increase since November 2014.

12-month percent change in Producer Price Indexes for final demand, not seasonally adjusted, September 2014 to September 2016
Month Final demand Final demand foods Final demand energy Final demand trade services Final demand less foods, energy, and trade services

Sep 2014

1.6% 3.9% -0.5% 1.1% 1.7%

Oct 2014

1.5 4.3 -3.8 2.8 1.5

Nov 2014

1.3 4.4 -5.9 2.3 1.5

Dec 2014

0.9 4.4 -13.2 4.0 1.3

Jan 2015

0.0 2.6 -22.3 4.2 1.0

Feb 2015

-0.5 0.6 -22.4 1.9 0.8

Mar 2015

-0.9 -1.6 -22.0 1.4 0.7

Apr 2015

-1.1 -4.5 -24.0 1.8 0.8

May 2015

-0.8 -3.0 -19.0 0.8 0.7

Jun 2015

-0.5 -2.7 -18.2 1.7 0.8

Jul 2015

-0.7 -3.3 -17.9 0.8 0.9

Aug 2015

-1.0 -2.6 -19.9 1.0 0.6

Sep 2015

-1.1 -3.0 -23.6 2.0 0.5

Oct 2015

-1.4 -4.2 -21.4 -0.2 0.4

Nov 2015

-1.3 -4.3 -19.2 0.4 0.2

Dec 2015

-1.1 -5.2 -16.4 0.0 0.3

Jan 2016

0.0 -3.5 -11.1 1.1 0.8

Feb 2016

0.1 -2.0 -15.4 2.3 0.9

Mar 2016

-0.1 -2.5 -15.4 1.4 0.9

Apr 2016

0.2 -2.1 -12.3 1.6 1.0

May 2016

0.0 -2.5 -13.9 1.9 1.0

Jun 2016(p)

0.3 -2.3 -11.4 2.8 0.9

Jul 2016(p)

-0.2 -2.6 -11.7 0.7 0.8

Aug 2016(p)

0.0 -4.4 -10.0 0.6 1.2

Sep 2016(p)

0.7 -3.5 -2.5 0.0 1.5
Footnotes:

(p) = preliminary.

From September 2015 to September 2016, prices for final demand foods declined 3.5 percent. Prices for final demand energy decreased by 2.5 percent, the smallest over-the-year percentage decrease for final demand energy prices since the year ending September 2014. Prices for final demand trade services were unchanged over the preceding 12 months, following 8 months of over-the-year price increases.  

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — September 2015” (HTML) (PDF). Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer prices are subject to revision once, 4 months after original publication, reflecting late reports and corrections by respondents. For more charts, see Charts related to the latest “U.S. Producer Price Indexes” news release. 

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index for final demand rose 0.7 percent over the year ending September 2016 on the Internet at https://www.bls.gov/opub/ted/2016/producer-price-index-for-final-demand-rose-0-point-7-percent-over-the-year-ending-september-2016.htm (visited September 19, 2019).

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